INDEFERENCE CURVE - EQUILIBRIUM OF THE Good Y The market b;...

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Unformatted text preview: EQUILIBRIUM OF THE Good Y The market b; that will maxit BUDGET LINE Good Y consumer’s L The budget line shows the one on th‘ all the combinations line that is on of quantities of goods 1 I per_highest Xand Ythat the P, Iridlfierence C consumer can buy. The slope of the budget line equals - P /Py. Budget line 0 1 I Good X ...
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This note was uploaded on 01/14/2011 for the course ACCT C-090786 taught by Professor Prof.bantua during the Spring '10 term at Xavier - Ateneo de Cagayan.

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INDEFERENCE CURVE - EQUILIBRIUM OF THE Good Y The market b;...

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